The Jindalee Factor

The Jindalee Factor

The period between September 27, 1983 and October 20, 1987 was great for West Australian businesses. The motor vehicle registration plates proudly declared the state was "Home of the America's Cup".

The local entrepreneurs seemed invincible.

Alan Bond had become the sixth largest brewer in the world with his regional breweries in the USA. His property tentacles extended to Hong Kong and he was viewing Tokyo.

Robert Holmes à Court was rampant on the bourses in the UK, USA and Australia. No company appeared to be safe from the threat of takeover.

Lord Grade had succumbed, USX and Texaco were under threat - and the bid for BHP by Bell Resources which had initially been summarily dismissed was a real possibility.

Ralph Sarich, along with Robert Holmes à Court now numbered among the three wealthiest individuals in Australia. He reportedly had major motor vehicle manufacturers interested in his new-concept motor vehicle engine. It was reminiscent of the boom of the 1960's when the word Poseidon echoed around the world.

Then it all seemed to fall apart on October 20 1987, the day the sharemarket crashed...or did it?

Researchers and consultants Dr Roger Smith and Barry Urquhart have studied the nature of WA entrepreneurs before and after the crash. They have concluded that the principles which stand them apart from their contemporaries are relevant for all Australians, Australian businesses, and industries. The country needs more wealth creators.

This book provides a unique insight into the attributes which lead to that status of wealth creator.